Author: Daniel snow

Dalio is joining a growing chorus of financial experts raising alarms about growing government debt and what it could mean for the economy. Source link

IPO chatter is again swirling around Elon Musk’s SpaceX and the rocket maker’s Starlink satellite-internet constellation, but Musk seems in no rush to take either public. Source link

Students are seen on the campus of Columbia University on April 14, 2025, in New York City. Charly Triballeau | Afp | Getty ImagesThe U.S. Education Department said Wednesday that Columbia University has failed to meet the standards for accreditation because it “is in violation of federal antidiscrimination laws” for allegedly tolerating harassment of Jewish students on campus.The Education Department’s Office of Civil Rights notified the Middle States Commission on Higher Education, an accrediting institution that Columbia belongs to, of the alleged violation.The department noted that federal regulations, “accreditors are required to notify any member institution about a federal noncompliance finding…

Investors around the world are rethinking how to approach their exposure to the greenback, Wall Street strategists say. Source link

A new survey finds a majority of entrepreneurs reporting growing numbers of late payments that cost companies an average of $40,000 annually. Source link

Transportation Secretary Sean Duffy holds a news conference at Newark Liberty International Airport, where he announced the reopening of a major runway at the airport, nearly two weeks ahead of schedule on June 2, 2025 in Newark, New Jersey. Spencer Platt | Getty ImagesThe future of a high-speed rail project in California is under threat after Transportation Secretary Sean Duffy said the project has violated some terms of its federal grant agreements.The California High-Speed Rail Authority “has no viable path to complete this project on time or on budget,” Duffy said in a Wednesday statement.”CHSRA is on notice — if…

Big trends will affect your company, but these three lessons may help you adapt. Source link

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 was hanging on to slight gains in what would be a third straight winning session. Declining bond yields following Wednesday morning’s much weaker-than-expected private-sector jobs report helped support stocks. The ADP’s monthly look at hiring trends at U.S. companies showed May additions of just 37,000 positions . That was the lowest total from ADP in more than two years. Jim Cramer said earlier Wednesday that if the…

OpenAI announced that ChatGPT is getting new features, including a service that could help out during your next meeting. Source link

Johnson & Johnson manufacturing facility in Wilson, North Carolina.Courtesy: Johnson & JohnsonData from the New York Federal Reserve shows a majority of companies have passed along at least some of President Donald Trump’s tariffs onto customers, the latest in a growing body of evidence indicating the policy change is likely to stretch consumers’ wallets.In May, about 77% of service firms that saw increased costs due to higher U.S. tariffs tariffs passed through at least at least some of the rise to clients, according to a survey conducted by the New York Fed that was released Wednesday. Around 75% of manufacturers…